Coronavirus pandemic-mitigating lockdowns and government-imposed limits on social contact are helping to drive the spectacular growth of blockchain-powered entertainment apps in South Korea – with token-driven karaoke, movie platforms and more.
Two members of the American Congressional Permanent Select Committee on Intelligence have challenged the decentralized blockchain-powered DLive platform to explain why it was hosting “extremist” content that incited Donald Trump supporters to storm the Capitol building early last month, and allowing streamers to earn crypto while doing so.
The coronavirus pandemic has slowed down trade in a huge swathe of industries, but some, such as the telecommunications sector – appear to be thriving, with blockchain sales rising for KT, one of South Korea’s biggest mobile carriers.
An affiliate of the Japanese crypto player and securities giant Monex Group is set to make use of a new blockchain technology-based platform as part of an ambitious genome research project.
What was set to become the biggest initial public offering (IPO) in the world – the floating of Chinese business giant Alibaba’s fintech and blockchain arm Ant Financial – could well be back on at some point in the future, the nation’s central bank boss has hinted.
The full gamut of industry 4.0 technologies, blockchain included, may need to be used in tandem with one another in order to fight back against the coronavirus pandemic – and that theory could well be put to the test as a new app featuring Artificial Intelligence (AI), Big Data and blockchain technology rolls out in South Korea.
Luxembourg-based start-up ANote Music has created a marketplace that allows its users to purchase and sell music rights, using blockchain technology, raising EUR 505,000 (USD 612,000) last year from its first investment round, and attracting EUR 385,000 (USD 467,000) from investors.
Carmaking giants BMW, Ford and Honda have teamed up with auto insurance providers and tech heavyweights such as IBM and Accenture on an international cross-industry, blockchain-powered vehicle history platform.
Finally, a developer has come up with a blockchain application your mom will approve of: Netmarble, a South Korean video games giant, has created a blockchain-powered tool that it says will allow parents to monitor and limit their offspring’s gaming time.